This paper analyses the relationship between income inequality and economic growth through fiscal policy. To this end, we present and estimate two systems of structural equations with error components through which gross ...

In assessing tax decentralization optimality, a dilemma between efficiency and redistribution emerges: tax decentralization enhances fiscal discipline, but may also widen interregional disparities by triggering tax competition ...

In view of the fact that the traditional model of tax smoothing (Barro, 1979) cannot account for the recent generalized increasing trend in public debt (PD), this paper improves the traditional determinants of PD by ...

Persistent and very high-income inequality is a well-known feature of the Brazilian economy. However, from 2001 to 2014, the Gini index registered an unprecedented fall of 13.5% percent, combined with significant poverty ...

This paper analyses the impact of fiscal decentralization on economic growth, inflation and Gini coefficients in 12 countries of the Americas. The findings suggest that the positive impact of this process has been more ...